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Washington Flats 950 S Washington St 202 Unit Apartment Building $34,473,249 CAD ($170,660 CAD/Unit) Salt Lake City, UT 84101
INVESTMENT HIGHLIGHTS
- Within walking distance to public transportation
- In the heart of convenience and culture of Salt Lake City
- Within walking distance to shopping, restaurants, and entertainment
EXECUTIVE SUMMARY
Washingtons Flats is ideally located in Salt Lake City's Central 9th District-one of the city's most walkable, rapidly growing neighborhoods. It's proximity to downtown TRAX light rail, major employment centers, and cultural hotspots makes it highly attractive to young professionals and renters convenience, connectivity, and a vibrant urban lifestyle. The surrounding area boasts a strong renter demographic, diverse dining and retail options, and a steady economic growth, making it a prime location for apartment living and a compelling selling point for investors or developers focused on long term demand and value.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $34,473,249 CAD | Building Class | B |
| Price Per Unit | $170,660 CAD | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 72,056 SF |
| No. Units | 202 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2023 |
| Apartment Style | Mid-Rise | ||
| Zoning | FB-UN2 - Form-based Urban Neighborhood 2 | ||
| Price | $34,473,249 CAD |
| Price Per Unit | $170,660 CAD |
| Sale Type | Investment |
| No. Units | 202 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.51 AC |
| Building Size | 72,056 SF |
| Average Occupancy | 91% |
| No. Stories | 4 |
| Year Built | 2023 |
| Zoning | FB-UN2 - Form-based Urban Neighborhood 2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Views
- Wi-Fi
- Patio
- Smoke Free
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Security System
- Smoke Free
- Wi-Fi
- Bicycle Storage
- Elevator
- Maintenance on site
- Online Services
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 202 | $1,206 CAD | 233 - 372 |
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Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 15-12-257-029-0000 | Improvements Assessment | $30,272,723 CAD |
| Land Assessment | $3,562,916 CAD | Total Assessment | $33,835,639 CAD |
PROPERTY TAXES
Parcel Number
15-12-257-029-0000
Land Assessment
$3,562,916 CAD
Improvements Assessment
$30,272,723 CAD
Total Assessment
$33,835,639 CAD
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Washington Flats | 950 S Washington St
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